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2024 UK Autumn Budget Announcements
The Chancellor of the Exchequer, Rachel Reeves, announced her first Budget under the new Labour Government on 30 October 2024....
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Working Safe During Coronavirus
We at GM Tax have a work from home policy. We have plans in place for our employees can work...
Changes in Capital Gains Tax on Private Residences/Property
There are significant changes coming into affect from 6th April 2020, which will dramatically affect the tax paid or due...
Main Residence Exemption Bill Passes Senate
The removal of the Main Residence Exemption was passed by the Australian Senate on Thursday 5th December 2019 which will...
Let Property Campaign & Disclosure to HMRC
The UK’s Let Property Campaign, is a campaign run by HMRC for individuals who have undisclosed income in relation to...
2018 UK Tax Returns Late Filing Penalties – £10.00 per day penalties to be avoided
Should you have missed the 31 January 2019 filing deadline you will have automatically received a late filing penalty of...
How do I register for Self Assessment
Should you need to lodge a UK Tax Return with HMRC and this is your first time you will need...
Do I need to do a UK Tax Return?
Yes you will need to lodge a UK Tax Return for the period 6th April – 5th April if you...
Proposed changes announced in 2018 to Principle Private Residence & Letting Relief
These changes to capital gains tax (CGT) are due to come into effect from 6 April 2020, but there will...
Changes with regard to rollover and accessing benefits from a QROPS
Following the transfer of UK sourced pension money to an Australian QROPS, it is then within the Australian superannuation system...
Are you considering accessing your UK Pension Benefits?
With the introduction of Flexi Access you have the flexibility to access your benefits up to 100% of the value...
